The government has refuted claims that parliament will not scrutinise the recent lithium mining agreement between Ghana and Barari DV Ltd.
This follows statements by the Minority in Parliament and concerns raised by sections of the public regarding the mining lease granted to Barari DV Ltd for the exploitation of lithium at the Ewoyaa concession.
A press statement signed by the Minister for Lands and Natural Resources last Friday stated that the information spread by the Minority in Parliament regarding the timeline for the company’s operations was inaccurate.
Barari DV Ltd had been granted the lease for the lithium exploration at the Ewoyaa concession based on the provisions of the Minerals and Mining Act, 2006 (Act 703)”.
The lease, having not been ratified, meant that the company hadn’t obtained the required permits, hence refuting claims that mining operations would begin in the first quarter of 2024.
According to the statement, the government is constitutionally mandated to submit it for legislative ratification.
“The grant of mining leases in Ghana, including the one to Barari DV Ltd, is subject to ratification by Parliament, as stipulated by the national Constitution,” it stated.
The statement elaborated on the innovative provisions negotiated between the government and Barari DV Ltd, including increased royalties, state-free carried interest, government participation, and enhanced local content initiatives were all aimed at maximising the nation’s benefit from the venture.
The statement aims at setting the record straight and providing the public with accurate information regarding the mining lease, dispelling any misconceptions or false claims presented by the Minority in Parliament and certain sections of the public.
The public is assured of the government’s commitment to responsible and sustainable management of Ghana’s natural resources, under the leadership of President Akufo-Addo as it is dedicated to ensuring that the exploitation of the country’s minerals serves the best interests of the Ghanaian people.